North Asia Strategic Holdings Ltd. provided group earnings guidance for the nine months ended December 31, 2011. The company announced that based on preliminary assessment of the management accounts of the Group and information currently available to the Company, the Group is expected to record a loss for the nine months period ended December 31, 2011 as compared to the profit for the corresponding period ended December 31, 2010. The loss expected to be recorded by the Group for the current period was principally due to the exclusion of the contribution from TKC, which was classified as a discontinued operation in the nine months period last year after the sale of its entire 33.74% shareholding in TKC in 2010; the losses recorded by 40% jointly-controlled investment in Coland Group Limited due to negative impact of volatility of global commodity price and adverse weather in China affecting both demand and pricing of its fishmeal; and a drop in the net profit earned by American Tec Company Limited in the quarter ended December 31, 2011 due to the decline of overall customer demand across the sector during the current quarter. The business performance of the other continuing operations of the Group has been in line with expectations.